期刊名称:Annals of the University of Oradea : Economic Science
印刷版ISSN:1222-569X
电子版ISSN:1582-5450
出版年度:2009
卷号:XVIII
期号:01
出版社:University of Oradea
摘要:This paper explores the sustainability of the Romanian current account. For this purpose we test the
stationarity and cointegration of the monthly credit and debit transactions of the current account. It results
these time series have unit roots for levels values, but they are stationary for their first differences. We find
that the debit and the credit transactions are not cointegrated so the current account deficit could not be
considered as sustainable.
关键词:Romanian Current Account, Sustainability, Cointegration